Free tools

Prorated rent calculator (part of a month)

Tenant moved in or out mid-month? Enter the monthly rent and the start and end dates to get the amount due for the actual days, pro rata.

How it is calculated

Daily rent = monthly rent ÷ the number of days in that month (28 to 31).
Amount due = the sum of daily rent × days occupied in each month the period touches, counting both the first and last day.
Some leases always count a month as 30 days; if yours does, the difference is small and the lease wording decides.

FADx Rent does this on every lease and deal automatically

Leases, collections, arrears, owner accounts and commissions for a rental agency, in the browser and on the phone.

When do I need prorated rent?

When a lease starts or ends mid-month, at an early settlement, and in shared housing when a new partner joins.

Does the software do this automatically?

Yes — in FADx Rent the last period of a lease is prorated when its charges are generated.

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